Michel, who guided Girona to Champions League qualification two seasons ago, has been mentioned as a potential replacement for Pep Guardiola at Manchester City.
With Girona owned by the City Football Group, Michel has spent time at the Eithad campus over the past two years meeting with City directors and Guardiola.
With less than 18 months to run on his City deal, there is a belief that Guardiola is seriously considering leaving the club at the end of this season.
Meanwhile, Michel has stated he feels ready for the next step in his career, referring to City directly: "I am ready, I consider myself ready to coach any team.
“I don’t know if they (Manchester City) see it the same way. Obviously, it's not the same environment, but I have the ability to adapt, and I want to try.”